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Tuesday, June 02, 2009
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LOGISTICS

IPOS: Govt to consider initial public offer for Air India
Airline has sought Rs 1,231 cr equity infusion, Rs 2,750 cr soft loan. New Delhi, June 1 The Government will consider an initial public offer to infuse funds in Air India, the Civil Aviation Minister, Mr Praful Patel, said here on Monday without ...

AIRLINES: Tata Advanced Systems to set up chopper unit
Tata Advanced Systems, part of the diversified Tata Group, has been allotted land to set up a helicopter manufacturing base in the aerospace special economic zone (SEZ) near ...

TRADE & LABOUR UNIONS: Port workers body plea to settle long-pending issues
Kochi, June 1 The representatives of the five recognised federations of port and dock workers in major ports have appealed to the new Shipping Minister, Mr G. K. Vasan, to convene a meeting with the federations at the earliest to ...

ALLIANCES & JOINT VENTURES: Allcargo, Hind Terminals in pact for CFS in Indore
Mumbai, June 1 Allcargo Global Logistics informed the Bombay Stock Exchange on Monday that the company entered into a joint venture agreement on May 30 with Hind Terminals Pvt Ltd for managing and operating the container freight station (CFS) ...

SHIPPING/PORTS: New Mangalore handles record fertiliser cargo
The New Mangalore port handled a record quantity of 10,544 tonnes of urea from m.v. D.D. Vigilant on ...





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Markets (June 1)
Nifty (at close)4,529.90(+80.95)
US Dollar (Buy/Sell)46.96/97
Brent crude (a bbl) Rs3,073
Gold (a gram) Rs1,392
Silver (a kg) Rs25,605

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In Focus
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Mandate 2009

Who is hiring?

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India Inc calls for ‘new deal’ Budget

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Tax commissioners worldwide join hands to tackle evasion

Telephone subscriber growth rate dips in April

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Exchange rates in developing Asia

Looking back
May. 24-May. 30
Time to scrap unsafe shipbreaking

PSA-Sical barred from bidding for Tuticorin new box terminal

Shipping cos look to domestic banks for fleet expansion

Wagon shortage hits cement distribution

SpiceJet bucks the trend, to hire 500 this fiscal

Indian shores lure more foreign cos

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